05-Oct-15 India plans to set up two medical devices parks to facilitate the sector's growth, which is currently at a nascent stage. The government has identified 400 acres near Chennai and 100 acres at Hyderabad for the parks. The domestic market is worth $6.8 bn, but only one-third is locally manufactured. India also exports $1 billion of medical devices. [image: Business Standard]

25-Sep-15 GN ReSound, a leader in hearing technologies, has inaugurated a manufacturing and distribution facility in Johor, Malaysia. “The search... included a number of factors, including a favourable economic and political climate, a modern infrastructure that provides easy access to global markets, a well-educated and high performing workforce," the company said. [image: ScandAsia]

08-Jul-15 Emerging markets are the medtech industry’s best prospects for growth, but most medical devices are still designed in the US and Europe. That can present a problem when companies try to adapt devices or develop new devices for non-Western markets, which may have different cultural, financial, and other considerations that can affect the success of a product. [image: University of Minnesota]

02-Sep-15 Industry leaders have called upon the Government to take strong measures to drive the consumption of medical devices in the country, bring clarity to regulatory policy, correct inverse import duties and provide fiscal incentives to give the domestic manufacture of medical devices a strong impetus for growth, and turn India into a global innovation hub for medical technology. [image: ET Healthworld]

Aug-15 Most medical device suppliers are primarily focussed on the metro and tier I markets in India. Suppliers are finding that markets in semi-urban and rural areas behave quite differently. The hospitals in tier II and III cities are smaller and operate at lower price points than those in large cities. Their remote locations also throw up logistical challenges. [image: India Today]